Building Smart Supply Chain for Green Business

Abstract

The supply chain is global for modern businesses. The business in one country imports raw materials from another faraway country where it gets the raw materials in best available price. The products are manufactured at a factory and are shipped to markets across the globe where there is a demand. The raw materials and the finished products are shipped in cargo vessels in the sea or trucks on the land adding to the carbon footprint and has an impact on the environment. The packaging materials used are not ecofriendly. In this paper, a threefold approach is discussed that enable smart supply chain to make businesses green, sustainable and ecofriendly. The threefold approach includes Near Shoring, Eco-Friendly Packaging and Leveraging Technology